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Frugal Gift Giving: Idea 1

Image from samanthastephens

It is indeed that time of the year again. With all the
Christmas cheers and the holiday spirit, I am pretty certain that you are also
at a lost as to what gifts to give. You might think that the more expensive the
gift, the better. However to what expense on your end?

Christmas is getting near and I am sure that many are
bugging you for gifts. Yet, in fact of it all, there’s no need to put that big
hole in your wallet and more so in your bank account. There are many ways for you
to still be able to deliver that whilst cutting costs. I am certain that your
holidays would be merrier without that extra burden in your wallets. We are
talking about frugal gift giving ideas.

Perhaps you might ask, any suggestions?

One idea would be regifting Christmas presents.

So what is regifting?

Regifting is the process of gifting the presents you
received. But hey, before you jump in any conclusions whether if this is
ethical or not, here are the things you need to keep in mind.

The first one is you are trying to save money. We all know
that the process of gift giving can really take a toll in our finances.
Needless to say, if we have every inch to save such for gifts, we would gladly
do it. The second thing to remember is to only give gifts that are just sitting
in your house and you will not use ever. Rather than those items would be
collecting dust in your closet, might as well give it to someone else who would
maximize its use. You are just giving justice to the items you received. Plus,
no need to spend a peso for it.

When deciding to pursue regifting, here are three rules to
abide.

Think and discern the gifts.

You need to open the gifts first that you got and assess if
it is worth regifting. You see, you can’t just regift the item if you think you
don’t need it ever. However, if the gift is something precious like an heirloom
or something of great value that was given by someone important like a family
member, don’t regift it. Consider also the potential of the gift. Make sure
that it is still in its excellent condition and it is something that you are
proud to give to someone else. You also need to guarantee not to give it to
someone in the same circle as the giver. That would be one embarrassing scenario.

Personalize it.

The next rule would be to personalize it. Sure you already
unwrap the gift hence it would be important to take off the Christmas card
addressed to you and replace it with another one. Find a good wrapper and
perhaps put a little ribbon here and there and attach your Christmas card. If
you can still personalize the gifts, the better. For instance, if you got a mug
last Christmas and you would want to regift it, perhaps you can personalize it
and inscribe the name of your recipient in there.

Make your gift appropriate.

When regifting, you need to make sure that the recipient can
really make use of the gift. As what Dave Ramsay said, don’t regift something
for the sake of regifting it. Don’t just give for the sake of giving. You need
to make sure that it can really be useful and something they would need.
Because in the end, if they won’t use it, the gift would be collecting dust still
in your recipient’s home never to see the light of day again.

Regifting Christmas presents can indeed save you a lot of
money. Plus, it can also help declutter your homes too. However, you also need
to make sure to abide with the rules stated above. It takes a lot of thinking
and discerning with regards to regifting. Bottom line is, you are giving the
gift to another owner hence not putting it to waste and more so save money in
your end.